UK Launches Formal Probe Into Paramount’s $110 Billion Warner Bros. Discovery Deal
On June 9, the UK’s Competition and Markets Authority opened a formal investigation into Paramount Skydance’s proposed $110 billion acquisition of Warner Bros. Discovery. The CMA launched phase one of a merger inquiry into the planned acquisition, setting August 7 as the deadline for its preliminary decision. The investigation isn’t exactly a surprise. Paramount has…
